Transak, a leading fiat-to-crypto gateway solution provider, announced a strategic partnership with Zengo, a self-custodial crypto wallet known for robust seed phrase security features.
The collaboration represents a major step towards simplifying and fortifying the process of purchasing and safeguarding cryptocurrencies.
Understanding the Transak-Zengo collaboration
Central to the partnership is the shared commitment of both platforms to enhance the ease and security of crypto acquisition for end-users.
As the first consumer-focused multi-party computation (MPC) wallet to offer institutional-grade security, Zengo swears by its no-seed-phrase architecture, a cutting-edge approach to crypto security leveraging advanced biometrics and threshold signature technology.
Zengo users can now acquire cryptocurrencies with just a few taps, facilitated by Transak’s Multi-Level know-your-customer (KYC) system, and securely store their assets in the non-custodial Zengo wallet, al
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